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babcock inc provides you with the following information on its 2018 income statement: sales=317000; cost =211400; other expenses = 18500; depreciation =expense= 31200; interest expense=
babcock inc provides you with the following information on its 2018 income statement: sales=317000; cost =211400; other expenses = 18500; depreciation =expense= 31200; interest expense= 2100; taxes = 18600; dividends; 12000. In addition, you're told that the firm issued 4500 in new equity in 2018, and redeemed 6500 in outstanding long-term debt. if net fixed assets increased by 7400 during the year, what was the addition to net working captial?
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